UAV Propellers Market, By Material Type (Wood Propellers, Carbon Fiber Propellers, Composite Propellers, and Others), By Industry (Government and Defense, Oil and Gas Industry, Mining, E-commerce, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Unmanned Aerial vehicles are also known as drones. UAV have wide application in industries such as e-commerce and oil & gas. In e-commerce industry, UAVs are used to deliver products to customers and in the oil & gas these are used for inspection of infrastructure and gas pipelines. UAV also have wide application in the military sector. These are used for surveillance and rescue missions. UAV are also used by various government bodies for mapping of the geographical area and surveillance purposes. According to Coherent Market Insights’ analysis, due to COVID-19 pandemic countries such India, China, and the U.S. are using drones for surveillance of towns and cities.
Market Dynamics
The global UAV propellers market is expected to grow significantly during the forecast period, owing to increasing demand for UAV from industries such as the oil & gas, mining, and e-commerce. In the mining industry, drones with camera are used for capturing images of the sites and using these images photometry software generates the 3D maps of mines. The photometry software also helps to determine volume of the area to be excavated from specific mine location. For instance, in August 2021, BHP Group plc, one of the giant companies in the coal industry, is using drones in Queensland, Australia coal mines for inspections, surveying, and mapping of mine. This factors will aid in positive growth of UAV propellers market during the forecast period
In oil & gas industry, there is a significant increase in demand for UAVs, for easy infrastructure and pipeline surveillance and inspection. Drone manufacturers around the globe are collaborating with oil and gas companies to overcome the challenges faced by the UAV in aerial inspection. For instance, in September 2021, Flylogix Limited launched North Sea drone initiative in collaboration with Total S.A., UK air traffic navigation services provider—NATS, and the Oil & Gas Technology Centre (OGTC). This initiative was aimed to overcome the challenges experienced by UAV in the inspection of infrastructure in the North Sea.
Key features of the study:
This report provides in-depth analysis of global UAV propellers market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading market players
It profiles leading players in the global UAV propellers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as part of this study include Cato Manufacturing Ltd, Culver Props, Inc., Delta Electronics, Inc., Dowty Circuits Limited, Hartzell Propeller, Inc., McCauley Propeller Systems, Inc., Sensenich Propeller Service, Inc., and others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global UAV propellers market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global UAV propellers market
Detailed Segmentation
Global UAV Propellers market, By Material Type:
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
Global UAV Propellers market, By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
Global UAV Propellers market, By Region:
North America
By Material Type :
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
By Country:
U.S.
Canada
Europe
By Material Type :
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Material Type :
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Material Type :
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
By Country:
Brazil
Mexico
Rest of Latin America
Middle East and Africa
By Material Type :
Wood Propellers
Carbon Fiber Propellers
Composite Propellers
Others
By Industry:
Government and Defense
Oil and Gas Industry
Mining
E-commerce
Others
By Country:
GCC Countries
Israel
Rest of Middle East
Company Profiles
Cato Manufacturing Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Culver Props, Inc.
Delta Electronics, Inc.
Dowty Circuits Limited
Hartzell Propeller, Inc.
McCauley Propeller Systems, Inc.
Sensenich Propeller Service, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook